Kerry Underwood


with 2 comments

In Dana Gas PJSC v Dana Gas Sukuk Ltd and others [2018] EWHC 332 (Comm)

the High Court dealt with applications for payments on account of costs.

It criticized the hourly rates. Six lawyers were charged out at over £700.00 per hour and a trainee was charged out at £282.00 an hour.

The High Court Judge said:

“From my experience of assessing costs and reviewing cost statements and budgets in complex cases in the Commercial Court, competent representation can be obtained at much lower rates, in the region of around half the hourly rates paid in this case.”

The judge also said that it would seldom be reasonable to claim the costs of attendance at the court of more than two solicitors.

Here, four had attended as well as senior and junior counsel.

Written by kerryunderwood

April 23, 2018 at 9:33 am

Posted in Uncategorized

2 Responses

Subscribe to comments with RSS.

  1. The sheer greed of these firms is mind-boggling, and an embarrassment to the rest of the profession. Charging a partner out at £946 per hour and an associate at £760 is nothing short of obscene. I hope their clients read this report.

    Pro Bono

    April 23, 2018 at 11:37 am

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: